The Battle of Crécy in 1346 Was Significant for What

question 59

Multiple Choice

The Battle of Crécy in 1346 was significant for what innovation?

• A)success of infantry over mounted knights
• B)deployment of the Longbow
• C)trench warfare
• D)devastating Cavalry charges
• E)None of these.

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Accrued Interest

Interest that has accumulated over time but has not yet been paid by the borrower.

Beneath Face Value

Refers to when a security is trading for less than its nominal or face value.

Premium on Bonds

The amount by which the price paid for a bond exceeds its face value, often due to interest rates being lower than the bond's coupon rate.

Interest Method

A technique used in accounting and finance to calculate the interest between periods based on principal, rate, and time.